Hi Guys,

I'm planning to buy a house semi-d unit and now looking for bank loans. House price is 394K but I'm going to loan only 350K. Location is Bandar Lake Kesuma, Semenyih. Loan is under 2 name and to get approval is not a problem for me. Now I'm just looking for any advice which bank can provide me lowest interest rate. So far I got 2 offer from banker officers and what they offer me as below:

Current BLR = 5.55

1. RHB Bank (Islamic)
* BLR/IFR: - 2.25
* Ceiling BLR: 10.25
* Tenure = 30 years
* Non Free Moving Cost (NMFC)
* MRTA = Optional
* The officer said, he is trying to get BLR - 2.3 because he said before this with Free Moving (FMC) he already got several client approved for BLR - 2.25.

2. Affin Bank (Islamic)
* BLR/IFR - 2.25
* Ceiling BLR: 10.00
* Tenure = 30 years
* FMC
* Stupid Free gift maybe
* MRTA Optional

3. Hong Leong (Islamic)
* The officer trying to compete RHB but not sure yet what they can offer.

If you guys got any contact that I could get better offer, please PM me (Please dont offer me Ah Long )
My contact number in case = 013-6971967

Thanks.

Hi, ING is offering lowest fixed rate loan. which will allow you to save a lot in the future. lets have further discussion?

I have alot of banker friend around KL, u can definately call me if any financial needed..my contact is 012-2251977.

Yeah i agree. What is it at now? 4.75 fixed?

4.85% according to him... yesterday, I went to 6-7 banks but their fixed rate all 7% ++... so we have decided to choose the conventional + islamic.... Got any bankers can get lower than what I have posted ??? or at least the same offer and got Free Gift. .... RHB = no free gift but the officer trying to get BLR - 2.3

This post has been edited by ichigo1661: Jun 18 2009, 09:52 PM

If you dont mind me asking, is that rate for the entire term of 30 years?

Yup...Affin offer up till 45 Years now...Crazy ..... but I would prefer 30 years and would try to make early settlement if I can. Got any best offer



This post has been edited by ichigo1661: Jun 18 2009, 10:01 PM

Not really sure about that,forgot to ask, but will ask tomorrow when submitting documents.This is my first loan since I graduated and start working ...but I guess should be able to settle early after locked in period(cant remember 5 or 7 years )....Have any better offer before I conclude the one that I have posted could be the best offer that I could get for now ?

This post has been edited by ichigo1661: Jun 18 2009, 10:41 PM

its 4.85% fixed which can counter the BLR loan in long term.

SCB new product, KLIBOR (Kuala Lumpur Inter Bank Offer Rate) which is not follow on BLR , which is follow inter bank market rate. Current KLIBOR is 2.11% and SCB is offering KLIBOR+1% which mean 3.11% minimum loan amount RM40k (Non Zero cost)

For more details can always contact me@ 012-2781125 Seow Mun

thank you

Quite interesting .....but i'm not familiar with Klibor term and maybe you can provide data (historical) about this type of loans....So far, today, i have submitted 2 forms - RHB and Affin....If someone could get better offer, please advice.